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"Some shareholders are saying that growth of the tobacco business should be less while that of others (non-tobacco) should rise. That is not the objective", Deveshwar said at the company's AGM here. (Reuters) “Some shareholders are saying that growth o

A panel of Indian lawmakers will call for smaller health warnings on cigarette packs, saying the government's requirement of 85 percent of surface area is too harsh on the tobacco industry, sources who have seen the panel's draft report said. The decisi

it is extremely concerned that the Summit on sustainability is being co-organized and sponsored by a leading tobacco company (ITC Pvt Ltd.). The Summit also has participation by Alcohol Industry (SABMiller India).

India is home to 12% of the world's smokers (120 million), nearly one million annual smoking related deaths, and arguably the world's most brazen tobacco company, ITC Limited.... ITC sells 80 percent of India's cigarettes. Reflect on the hypocrisy of ITC

ITC, India's largest cigarette maker, reported a better-than-expected 25 per cent rise in quarterly sales as demand for smaller and cheaper cigarettes grew and its consumer goods business put in a stronger performance.

Fearing a disruptive tax regime for cigarettes, the market has re-rated shares of ITC, expecting a decline in cigarette volumes and earnings. While the stock has fallen 12% over the last month and a half, its multiples have compressed over the last year.

customers snapped up smokes small enough to qualify for a lower government tax rate. ITC also said its non cigarette consumer goods business had in the March quarter posted the highest ever pre-tax profit of Rs.43.09 crore against Rs.11.87 crore a year a

As the BBMP decided to tie up with the ITC in its Zero waste management, and work on segregation of waste at source, the members of Consortium for Tobacco Free Karnataka (CFTFK) have taken objection. "It's ironic but a fact that the theme for this year's

The non-cigarette fast-moving consumer goods (FMCG) segment of ITC has recorded its maiden profit, helping the cigarette-to-hotel major post 19.4 per cent increase in net profit in the fourth quarter of 2012-13.